Posts tagged ‘national petroleum corporation’

01/09/2013

Jiang Jiemin: China corruption probe into top official

There are increasing signs that this time, anti-corruption is being taken very seriously by the Party and government.

BBC: “Chinese authorities have announced a corruption investigation into Jiang Jiemin, the head of the commission that oversees state-owned companies.

File picture of Jiang Jiemin

The supervision ministry said Mr Jiang was suspected of a “serious violation of discipline”. He has not publicly commented on the allegations.

The term is used to refer to corruption by managers of state companies.

President Xi Jinping has vowed to eradicate corruption in China, warning that it threatens the Communist Party.

Recent months have seen several high-profile corruption cases against high-ranking officials, including disgraced senior party official Bo Xilai, who was put on trial for bribery, embezzlement and abuse of power in August.

The verdict in his case is expected “at a date to be decided”. Mr Bo denies all charges.

Until March Mr Jiang was head of the China National Petroleum Corporation (CNPC), which has faced a number of corruption allegations.

Last week it was announced that another four CNPC executives were under investigation for corruption.

Earlier in August the general manager of state-owned phone company China Mobile Ltd was detained in the southern province of Guangdong. He too is being investigated for discipline violations.

Internet users are also increasingly pursuing those perceived as having done wrong through online exposes and campaigns.

But in recent weeks there have been signs that this has worried the authorities, with a number of journalists arrested for “rumour-mongering” and a high-profile blogger arrested.”

via BBC News – Jiang Jiemin: China corruption probe into top official.

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29/08/2013

China environment min suspends some approvals for Sinopec, CNPC

Reuters: “China’s environment ministry will stop approving some new refining projects and upgrades of existing facilities by the country’s top state-owned oil firms after the two failed to meet key pollution targets in 2012, it said on Thursday.

Workers walk inside China National Petroleum Corporation (CNPC) Lanzhou Chemical Company in Lanzhou, capital of northwest China's Gansu province April 27, 2007. REUTERS/Jason Lee

The Ministry of Environmental Protection (MEP) said China National Petroleum Corporation (CNPC) failed to meet targets to cut chemical oxygen demand in 2012, while Sinopec Group failed to meet a target to cut nitrogen oxide emissions.

Officials from the companies were not immediately available for comment, although the Communist Party mouthpiece People’s Daily said the MEP’s move would have no impact on 790,000 barrels per day of refining capacity now under construction.

The ministry said in a notice posted on its website (www.mep.gov.cn) that it would suspend approvals of environment impact assessments for all new refining projects from the two oil giants, apart from any upgrades that target fuel pollution specifications or other environmental renovations.

“Such tough punishment on the two oil majors is unprecedented – it is a warning to others,” said Wang Tao, resident scholar at the Energy & Climate Program of the Carnegie-Tsinghua Center for Global Policy in Beijing.

“But the MEP has only suspended approval for their new refineries, and what we really need is for them to take strong measures to curb pollution from existing refineries,” said Wang.

CNPC is the parent of PetroChina, China’s dominant oil and gas producer. Sinopec Group is the parent of top Asian refiner Sinopec Corp.

The MEP and its local branches have struggled to impose their will on state-owned industrial enterprises, which are big sources of economic growth as well as pollution. But Beijing has promised to get tough on firms accused of ignoring environmental rules or approval procedures.

People’s Daily said on Thursday the decision “demonstrated China’s determination when it comes to pollution emissions.””

via China environment min suspends some approvals for Sinopec, CNPC | Reuters.

See also: https://chindia-alert.org/economic-factors/greening-of-china/

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